Pharma News

With high R&D investment, Chinese CRO/CDMO companies are able to efficiently undertake outsourced R&D and manufacturing business related to BigPharma and Biotech at home and abroad based on good engineer's bonus

• CHINA CXO
• pharmaceutical industry

In recent years, the scale of China's pharmaceutical market has been growing at a relatively fast pace. Data shows that China's pharmaceutical market size from 1,430.4 billion RMB in 2017 to 179.19 billion RMB in 2020

• pharmaceutical trend
• pharmaceutical industry

At present, the veterinary drug raw material market is stable, and themarket inquiries and negotiations are still mainly concentrated on doxycyclinehydrochloride, florfenicol, penicillin potassium industrial salt

• veterinary
• apis

Before the 1990s, Europe and the United States were the most important API production areas in the world, with large-scale industries and advanced technology.

• API industry

Recently, the US Food and Drug Administration (FDA) official website issued a drug statement: The FDA recently found the nitrosamine impurity Nitroso-STG-19 (NTTP) in some samples of the type 2 diabetes drug sitagliptin.

• Merck
• hypoglycemic drug
• Sitagliptin
• Carcinogen

On August 2, 2022, Hengrui Medicine issuedan announcement that the company received the approval and issuance of the"Drug Clinical Trial Approval Letter" for HRS-4642 injection from theState Food and Drug Administration.

• KRAS G12D inhibitor
• Hengrui
• pancreatic cancer
• colorectal cancer

Sulfonamide products were generally in a low-key and weak state in the first half of this year, which was greatly affected by the market conditions of pig raising. Inquiries and transactions of some products decreased significantly.

• Sulfonamides
• Quinolones
• Antiparasitic

Doxycycline hydrochloride, the market price is 570-590. In July, the price increased by more than 100 yuan, up 26.1% month-on-month.

• veterinary drug
• penicillins
• peptides

According to Biohaven's financial report, the double-acting migraine drug rimegepant (trade name: Nurtec) has sales revenue of US$318 million in the first half of this year

• drug
• Pfizer

With the release of the semi-annual reports of major pharmaceuticalcompanies in 2022, the TOP10 list of the world's best-selling drugs has becomeclear.

• top
• drugs

Recently, market inquiries have been weak, and the market has a strong wait-and-see mood. Mainstream factories frequently release news of production shutdowns.

• Vitamin

Penicillin Potassium Industrial Salt - The market capacity and supply are relatively concentrated. Mainstream factories have raised their quotations, attracting high attention

• antibiotics
• Tetracyclines
• Macrolides
• Quinolones

On July 12, 2022, Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. (hereinafter referred to as "Zhongmei Huadong"), a wholly-owned subsidiary of Huadong Medicine Co., Ltd.

• Liraglutide injection
• Obesity

On July 27, AbbVie announced that it had submitted to the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) for upadacitinib (trade name Rinvoq, 45mg [induction dose] and 15mg and 30 mg [maintenance dose])

• Upadacitinib
• AbbVie
• Crohn
• FDA

Progesterone, a steroid hormone synthesized by the placenta, ovaries and adrenal glands, is essential for reproductive function and regulation of the menstrual cycle

• Progesterone
• Pharma

Sulfonamide products are affected by the breeding market, and the overall price has fallen

• Sulfonamides
• veterinary drug
• vitamin

Ceftiofur sodium, ceftiofur hydrochloride, cephalosporins fell as a whole, the average market transaction price, ceftiofur sodium 1860, down 18.1% year-on-year; ceftiofur hydrochloride 1380, down 20.0% year-on-year

• Cephalosporins
• Penicillins

AbbVie has decided to terminate a collaboration focused on the development of Alzheimer's disease treatment AL003, Alector disclosed in a filing with the U.S. Securities and Exchange Commission a few days ago.

• AbbVie
• Alzheimer
• Immunotherapy
• Alector

The latest weekly influenza report of the National Influenza Center on June 17 (6.6-6.12) showed that the proportion of influenza-like cases (ILI%) among outpatient cases reported by sentinel hospitals in southern provinces was 5.8%

• Oseltamivir
• Anti-influenza drug

As a well-known hypoglycemic drug, metformin plays an important role in the field of diabetes treatment. It is the widest and largest variety in the field of diabetes in terms of its scope of use and scale.

• hypoglycemic drug
• Metformin